8.0 / 10

based on 41 reviews as rated by Mozo community

Hunter United home loans

Hunter United Credit Union has been providing high quality banking options to the Hunter Valley region since 1963. Owned by its customers, Hunter United is a customer driven lender, and now the largest locally based credit union in Australia.

What home loans do Hunter United offer?

Rates and fees verified as correct at 01 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

With a fixed rate home loan from Hunter United Credit Union you can borrow amounts starting from $100,000 up to 95% of the property’s value for owner occupiers or 80% for investors. You’ll pay an upfront application fee plus a monthly service fee, but in return you’ll get the ability to make as many free extra repayments as you like, plus the opportunity to take a repayment holiday if you need to. You can also choose between weekly, fortnightly or monthly repayments.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

p.a.

n/a

$0.00

$350

Variable Rate Home Loans

Hunter United Credit Union’s variable rate home loans, like the fixed rate alternatives, allow you to borrow amounts starting from $100,000, up to 95% of the property’s value if you’re living in it, and up to 80% if you’re an investor. You’ll get the ability to make unlimited free extra repayments, a redraw facility - although a minimum amount and fees apply - the chance to take a repayment holiday, and the use of an offset account. Keep in mind, there is an application and monthly service fee to consider.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

4.09% p.a.

4.11% p.a.

$0.00

$350

4.20% p.a.

4.22% p.a.

$0.00

$350

2.99% p.a.

3.01% p.a.

$0.00

$350

3.49% p.a.

3.49% p.a.

$0.00

$0

2.79% p.a.

2.79% p.a.

$0.00

$0

2.79% p.a.

2.79% p.a.

$0.00

$0

3.35% p.a.

3.37% p.a.

$0.00

$350

4.09% p.a.

4.11% p.a.

$0.00

$350

3.69% p.a.

3.69% p.a.

$0.00

$0

2.99% p.a.

2.99% p.a.

$0.00

$0

3.59% p.a.

3.61% p.a.

$0.00

$350

Variable Package Home Loan

For package benefits galore, check out the variable rate home loan package from Hunter United Credit Union. It’s available for amounts from $100,000, up to 95% for owner occupiers and 80% for investors. When you take out this home loan, you’ll be able to make unlimited free extra repayments, take a repayment holiday and access a redraw facility, although fees and a minimum amount applies to the latter. You’ll also have the use of an offset account. For all this, you’ll pay no upfront fees, but there is a yearly service fee attached.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

4.39% p.a.

4.67% p.a.

$295.00 yearly

$0

4.39% p.a.

4.67% p.a.

$295.00 yearly

$0

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

Hunter United home loan features in a glance

Free icon

Free extra repayments

Make free extra repayments on your Hunter United home loan and save on interest. Plus, there are no early break fees!

Offset icon

Offset account

Opt for a variable rate home loan option, and you’ll get the use of an offset account, to help you pay less interest on your mortgage. Keep in mind this feature isn’t available on fixed rate options.

Repayment Icon

Flexible repayment schedule

On any Hunter United Credit Union home loan, you can set your repayment schedule to fit your budget, with monthly, fortnightly or weekly repayments.

How are Hunter United home loans rated?

Mozo users have rated Hunter United home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
Hunter United home loans
Overall
8.2/10
Price
Features
Customer service
Convenience
Trust

6 Reviews

Recent Hunter United home loan reviews

Hunter United Home Loan (Package) review
Overall 0/10
Tempting packages - Abysmal service.

Spoke to Hunter United seeking a home loan for construction. From the start, I was told the finances looked great, LVR of less than 50%, income well within that required to service the loan. They asked for lots of paperwork, all the usual stuff, and then I just kept getting told it was just going to take time considering the current working climate. After 5 weeks of waiting I have now been told that is not in their policy to even consider us for a loan. No reason offered. Nothing. Terrible customer service. Impossible to get straight answers. Don't waste your time looking at their attractive rates. Go for a larger and more well known lender.

Read full review

Spoke to Hunter United seeking a home loan for construction. From the start, I was told the finances looked great, LVR of less than 50%, income well within that required to service the loan. They asked for lots of paperwork, all the usual stuff, and then I just kept getting told it was just going to take time considering the current working climate. After 5 weeks of waiting I have now been told that is not in their policy to even consider us for a loan. No reason offered. Nothing. Terrible customer service. Impossible to get straight answers. Don't waste your time looking at their attractive rates. Go for a larger and more well known lender.

Price
8/10
Features
8/10
Customer service
0/10
Convenience
0/10
Trust
0/10
Less
Oliver, Victoria reviewed 4 months ago
Hunter United Fixed Rate Home Loan review
Overall 10/10
Good!

Been with this bank for 40 years.

Read full review

Been with this bank for 40 years.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Annette, New South Wales reviewed 12 months ago
Hunter United Home Loan (Package) review
Overall 10/10
Friendly, professional and trustworthy.

I love the friendly staff and feeling of personalised banking. When applying for the home loan, they were very professional and helpful, like I was dealing with friends. I've been banking with them for nearly 30 years and couldn't be happier with my experience.

Read full review

I love the friendly staff and feeling of personalised banking. When applying for the home loan, they were very professional and helpful, like I was dealing with friends. I've been banking with them for nearly 30 years and couldn't be happier with my experience.

Price
9/10
Features
9/10
Customer service
10/10
Convenience
9/10
Trust
10/10
Less
Nicole, New South Wales reviewed about 5 years ago
Hunter United Home Loan review
Overall 10/10
Great customer service

A great credit union to be with just over 30 years.

Read full review

A great credit union to be with just over 30 years.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Annette, New South Wales reviewed over 5 years ago
Hunter United Home Loan review
Overall 9/10
Great customer service

Couldn't fault them at the moment. Had our loan since 2009 and have had very easy transactions. If we ever needed anything they have always been more than helpful.

Read full review

Couldn't fault them at the moment. Had our loan since 2009 and have had very easy transactions. If we ever needed anything they have always been more than helpful.

Price
10/10
Features
8/10
Customer service
10/10
Convenience
8/10
Trust
8/10
Less
Trent, Queensland reviewed almost 7 years ago

What do you need to apply for a Hunter United home loan?

To take out a home loan with Hunter United, you’ll first need to become a member, which you can do by filling out an application form and buying a member share. When you go to apply for the home loan, you’ll need to register your interest online, set up a meeting with a lender or visit your nearest branch.

So that everything goes as smoothly as possible, make sure you have these details on hand:

  • Personal contact details
  • Employment and income details
  • A list of your assets
  • A list of your debts

Home loan quick links